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2041 Strauss St #1, Brooklyn, NY, 11212

7beds
5baths
4,200sqft
$1,878,000
$447price/sqft
$11,791/moest. monthly cost
$471,640/yrincome needed

About This Home

Modern 4-Family in Brooklyn | Backyard, Rooftop, High Returns Welcome to 2041 Strauss, a brand-new modern 4-family building in East New York, Brooklyn. Built in 2025 with contemporary finishes and high-yield rental potential, this fully vacant, move-in-ready property is ideal for both investors and owner-occupants. Features & Unit Highlights Spacious 4,200 sq. ft. layout with 7 bedrooms and 5 full baths across four separate units Designer finishes throughout contemporary kitchens with stainless-steel appliances, and sleek tile bathrooms with glass showers Laundry in each unit for maximum convenience Hurricane-impact windows by Andersen for safety, durability, and energy efficiency All-new video intercom system for secure, modern access control Private outdoor amenities: First-floor unit includes exclusive backyard access, while the top duplex enjoys private rooftop access with expansive views Modern conveniences: Split-unit heating/cooling and separate utilities (electric, hot water) in each unit Pro Forma Financial Data Annual Net Operating Income (NOI): $147,648 Projected Cap Rate: ~6.95% Projected Gross Monthly Rent: $12,304 First-floor 2Bed/1Bath: $3,027 Second-floor 2Bed/1Bath: $3,027 Third-floor 1Bed/1Bath: $2,650 Fourth-floor duplex 2Bed/2Bath w/ rooftop: $3,600 Location & Neighborhood Conveniently located in East New York with easy access to the L, 3, A, and C subway lines, major retail hubs like the Gateway Center Mall, and outdoor escapes such as Shirley Chisholm State Park. A family-friendly neighborhood with schools, parks, and community resources nearby. 2041 Strauss Street offers modern design, premium finishes, and outdoor spaces including both a backyard and rooftop access. With separate utilities, laundry in every unit, and strong pro forma income, this turnkey property delivers excellent returns for investors and is equally ideal for owner-occupants.

Getting Around

75
WalkingVery Walkable
0
TransitVery Limited Transit
76
BikeVery Bikeable

Schools

5/10
Ps 156 WaverlyGrades PK-50.2 mi
7/10
Is 392Grades 6-80.2 mi

Construction

Condition

  • Year built: 1930

Materials

  • Roof: Roof Rights

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Washer/Dryer
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 5
  • Full bathrooms: 5

Cooling

  • Cooling features: Central Air

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 4,200
  • Total interior livable area: 4,200 sqft

Property

Details

  • Special condition: Resale

Features

  • Patio & porch: Deck,Other,Terrace
  • Exterior features: Courtyard,Balcony,Garden,Private Roof Deck,Terrace
  • Has view: Yes
  • View description: City,Park/Greenbelt

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Winter Weather
Tsunami

FEMA Declared Disasters in Kings County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $9,496$113,952
Home Insurance *$725$8,700
Property Taxes $876$10,512
Electricity $694$8,329
Total$11,791$141,492
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$404,262/yr
40% on housing$353,730/yr
45% on housing$314,426/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$447This listing

vs Other Active Listings

Avg $/sqft

ZIP 11212$454
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11212$542
Kings County$623

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-07Price change$1,898,000
2026-01-08Price change$1,995,000
2025-09-16Price change$2,075,000
2025-06-02Listed for sale$2,125,000

For Sale by Agent

AgentRaymond Rivera
BrokerageOne Stop MultiService

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